Snapshot
Parker-Hannifin Corp reported $5.17B of revenue in Q2 2026, up 9.1% year over year, with diluted EPS of $6.60 and an operating margin of 21.1%.
- Revenue
- $5.17B
- YoY growth
- +9.1%
- Diluted EPS
- $6.60
- Operating margin
- 21.1%
$5.17B
Revenue
+9.1%
YoY growth
$6.60
Diluted EPS
21.1%
Operating margin
01 Key takeaways
What management said
- •The agenda for the call today has Jenny starting with an overview of our record FY26 Q2 performance.
- •We will both provide some details on the increase to our guidance that we released this morning.
- •Our team delivered record Q2 sales of $5.2 billion, Organic Growth of 6.6%, and 150 basis points of margin expansion, resulting in 27.1% Adjusted Segment Operating Margin.
- •Adjusted Earnings Per Share grew 17%, and cash flow from operations was $1.6 billion.
- •These six market verticals represent greater than 90% of the company's revenue.
- •Two-thirds of our revenue comes from customers who buy four or more technologies, and our growth is focused on faster-growing, longer-cycle markets and secular trends.
- •We win with innovative and differentiated product technology, subsystems, and full system capabilities designed to increase the capability and productivity of our customers.
- •The acquisition of Filtration Group adds complementary and proprietary technologies for critical applications while expanding our presence in life sciences, HVAC and refrigeration, and in-plant industrial market verticals.
- •The combination of Parker Filtration and Filtration Group creates one of the largest global industrial filtration businesses and increases Parker Filtration aftermarket sales by 500 basis points.
- •This strategic transaction continues our investment in high-quality businesses that continue to transform our portfolio, accelerate sales growth, improve profitability, and drive shareholder value.
- •The acquisition of Filtration Group will continue our track record of accretive acquisitions.
- •We are proud to have once again set new records for sales, adjusted segment operating margin, EBITDA, net income, and EPS.
SourcesCompany financials · earnings call
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